Ive read about a lot of people using it. So I tried it on a savage FP10 .223 almost 2 years ago and haven't had a problem with it yet.
Just make sure you rough up the stock so it sticks to it and use a release agent so the receiver doesn't stick to the stock. I stripped mine completely down filled all the holes in the receiver with play-do, search the net for tips, I used information I found on www.savageshooters.com
Hope this helps you out